Limited CECL FVO Now Available

Thoughtware Article Published: May 31, 2019
Advisor going over accounting work

With the implementation date quickly approaching for the new credit impairment model known as CECL, FASB guidance provides a one-time, instrument-by-instrument election to apply the fair value option (FVO) to certain financial instruments measured at amortized cost on CECL’s adoption. Read on to learn more about this change.


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